$3,500,000
$100K PRICE DROP

22060 Olivas Ave Nuevo, CA 92567

Estimated payment $21,832/month

Total Views 1,979
4 Beds
3 Baths
2,508 Sq Ft
$1,396 Price per Sq Ft

Highlights

  • 18.3 Acre Lot
  • No HOA
  • Laundry Room
  • Pasture Views
  • 3 Car Attached Garage
  • Central Heating and Cooling System

About This Home

Incredible opportunity to own 18+ acres flat, usable acres in the growing community of Nuevo- Ideal for those seeking a private retreat with future building potential. Zoned CR (Commercial, Residential) . Nestled at the end of a quiet culdesac, the property features a well maintained 4 bedroom, 3 bathroom home with peaceful views of the surrounding hills and open skies. Enjoy the tranquility of rural living with room for horses, farming, or outdoor recreation, all while being just minutes away from Menifee, Perris (Lake Perris), and Highway 74. Whether you're looking to build upon or live surrounded by wide open space, this unique property offers the best of all worlds. FULLY REMODELED and contains city water use and a well. Buyers to do their own due diligence regarding building potential.

Listing Agent

Stephanie Mariona

PAK HOME REALTY Brokerage Phone: 9499691782 License #02210842 Listed on: 06/14/2025

PAK HOME REALTY

Co-Listing Agent

Sam Kavenchy

Desert Sotheby's International Realty Brokerage Phone: 9499691782 License #02062098

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $32,023

Year Built

  • Built in 1967

Lot Details

  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Attached Garage

Home Design

  • Mixed Use

Interior Spaces

  • 2,508 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room with Fireplace
  • Pasture Views
  • Basement

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Utilities

  • Central Heating and Cooling System
  • Well
  • Conventional Septic

Listing and Financial Details

  • Tax Lot 43
  • Tax Tract Number 2
  • Assessor Parcel Number 309080001
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association

Recreation

  • Bike Trail

Property Details

Home Type

Condominium

Est. Annual Taxes

$32,023

Year Built

Built in 1967

Lot Details

0

Parking

3

Listing Details

  • Structure Type: Mixed Use
  • Assessments: No
  • Other Phone Description: 949-969-1782
  • Other Phone Number: 310-795-5790
  • Property Attached: No
  • View: Yes
  • Zoning: CPS/CR
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential
  • Parcel Number: 309080001
  • Year Built: 1967
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2508.00 Square Feet
  • Stories: 1
  • Entry Location: FRONT
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 1395.53
  • Room Type: All Bedrooms Down, Basement, Family Room, Living Room

Exterior Features

  • View: Pasture
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Fireplace(s)
  • Laundry Features: Electric Dryer Hookup, Inside, Washer Hookup
  • Sewer: Conventional Septic
  • Water Source: Public, Well
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking

Schools

  • School District: Perris Union High

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 797148.00
  • Lot Size Acres: 18.3000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 18.3000 Acres
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 43
  • Tax Tract Number: 2

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $32,023 $2,861,100 $2,819,484 $41,616
2023 $32,023 $2,750,000 $2,710,000 $40,000
2022 $13,304 $1,122,000 $816,000 $306,000
2021 $11,363 $954,007 $730,351 $223,656
2020 $11,228 $944,226 $722,863 $221,363
2019 $10,994 $925,713 $708,690 $217,023
2018 $10,508 $907,563 $694,795 $212,768
2017 $10,415 $889,769 $681,172 $208,597
2016 $10,253 $872,323 $667,816 $204,507
2015 $10,131 $859,222 $657,786 $201,436
2014 $9,897 $842,392 $842,392 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2025 07/21/25 Price Changed $3,500,000 -2.8% $1,396 / Sq Ft
06/14/2025 06/14/25 For Sale $3,600,000 +227.3% $1,435 / Sq Ft
05/20/2021 05/20/21 Sold $1,100,000 0.0% $439 / Sq Ft
03/08/2021 03/08/21 For Sale $1,100,000 -- $439 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $2,750,000 First American Title
Grant Deed $1,100,000 Fidelity National Title
Divorce Dissolution Of Marriage Transfer -- Fidelity National Title
Divorce Dissolution Of Marriage Transfer -- Fidelity National Title
Grant Deed $800,000 Stewart Title Guaranty
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,000,000 New Conventional
Previous Owner $600,000 New Conventional
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV25133863

California Regional Multiple Listing Service (CRMLS)

APN: 309-080-001